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An announcement from CRH plc ( (CRH) ) is now available.
CRH plc has announced the acquisition and subsequent cancellation of its ordinary shares as part of a buyback program, with transactions conducted through its broker BNP Paribas Securities Corp in the United States. This move is part of CRH’s strategy to repurchase up to $300 million worth of shares by August 2025, which could potentially enhance shareholder value and optimize capital structure by reducing the number of shares in circulation.
More about CRH plc
CRH plc is a leading global building materials company, primarily engaged in the manufacture and supply of a diverse range of construction products. The company operates across various segments, including aggregates, cement, and building products, serving a broad market base that includes infrastructure, residential, and commercial construction sectors.
See more data about CRH stock on TipRanks’ Stock Analysis page.